Hot Pursuit     28-Dec-23
Central Bank of India rises for third consecutive session
Central Bank of India is quoting at Rs 49.55, up 1.02% on the day as on 12:49 IST on the NSE. The stock is up 57.8% in last one year as compared to a 19.64% spurt in NIFTY and a 35.38% spurt in the Nifty PSU Bank index.

Central Bank of India gained for a third straight session today. The stock is quoting at Rs 49.55, up 1.02% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.51% on the day, quoting at 21764.45. The Sensex is at 72367.86, up 0.46%. Central Bank of India has risen around 11.6% in last one month.

Meanwhile, Nifty PSU Bank index of which Central Bank of India is a constituent, has risen around 13% in last one month and is currently quoting at 5691.6, up 1.2% on the day. The volume in the stock stood at 145.27 lakh shares today, compared to the daily average of 236.42 lakh shares in last one month.

The PE of the stock is 20.7 based on TTM earnings ending September 23.

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